When there is a recently acquired long-term rental, lenders can simply throw in the lease agreement and use 75% of the rental income from that, but on a short-term rental, there is no lease agreement, so the only way to document what the actual cash flow is, is by using Schedule E of your most recent tax return filing. 

I acquired a townhouse in 2022 on a small street of about 40 other homes. 

I own 2 properties successfully and looking to acquire more to build my financial portfolio and to provide quality homes for those in need. 

I’m excited to announce that BiggerPockets has acquired Left Field Investors (LFI) and, with this acquisition, we’re launching a groundbreaking new platform for passive investors: PassivePockets.The passive investing space has seen tremendous growth over the past few years, but it’s also faced challenges—shifting markets, questionable influencers/syndicators, and a lack of transparency between GP and LP.

If the investor acquires any of the other liens on the property--such as subordinate mortgages or judgment liens--at a discount, then the redeeming party must also pay the full face amount of those liens in order to redeem.Alabama law is very clear, it is the value of the improvements, not the cost.

I am only looking to acquire another 2-3 properties and I doubt the database will ever see 300 properties in it, and it might not get 200 or even 100 properties entered.

What is the source of acquiring properties?   

When I initially purchased these properties, the mortgage was based solely on the real estate, with the business value being incidental.I am currently in the process of acquiring a $2 million, 5 bedroom bed and breakfast located in a downtown area in PA.

You may generate money in real estate investment by educating yourself, starting small, then expanding as you acquire expertise, particularly in low-cost regions.Good luck!

Use Private money to acquire and then refi into long term debt